Financial Survey: Eightco (ORBS) & The Competition

Eightco (NASDAQ:ORBS) is one of 343 public companies in the “Financial Services” industry, but how does it weigh in compared to its competitors? We will compare Eightco to similar businesses based on the strength of its risk, profitability, institutional ownership, analyst recommendations, earnings, dividends and valuation.

Volatility and Risk

Eightco has a beta of 2.13, suggesting that its stock price is 113% more volatile than the S&P 500. Comparatively, Eightco’s competitors have a beta of 2.27, suggesting that their average stock price is 127% more volatile than the S&P 500.

Valuation & Earnings

This table compares Eightco and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Eightco	$32.98 million	-$262.01 million	-4.42
Eightco Competitors	$6.35 billion	$1.09 billion	9.85

Eightco’s competitors have higher revenue and earnings than Eightco. Eightco is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Eightco and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Eightco	-1,260.96%	-78.14%	-74.31%
Eightco Competitors	-407.42%	-21.88%	-5.62%

Institutional & Insider Ownership

12.9% of Eightco shares are owned by institutional investors. Comparatively, 43.2% of shares of all “Financial Services” companies are owned by institutional investors. 3.4% of Eightco shares are owned by company insiders. Comparatively, 22.0% of shares of all “Financial Services” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Eightco and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Eightco	1	0	0	0	1.00
Eightco Competitors	1900	6736	11418	414	2.51

As a group, “Financial Services” companies have a potential upside of 3.20%. Given Eightco’s competitors stronger consensus rating and higher probable upside, analysts plainly believe Eightco has less favorable growth aspects than its competitors.

Summary

Eightco competitors beat Eightco on 13 of the 13 factors compared.

About Eightco

Eightco Holdings Inc. provides bitcoin mining equipment and co-location services. It also manufactures and sells container boards, corrugated products, and specialty paper products in North America. The company was incorporated in 1966 and is headquartered in Safety Harbor, Florida.